Your letter of December twentyninth was very welcome. It brings me the news and encouragement which it was, I am sure, intended to bring. I am so delighted that you are associated with McAdoo in the work which lies before us in putting the currency bill into systematic operation. I do not know any two men in whose hands the matter will be more sure of a wise and successful handling. I hope you will keep your ears open as you travel about for sensible suggestions about the membership of the Reserve Board.
I was anxious about McAdoo but I am a good deal reassured by what I hear from him from Georgetown. May the new year bring to you both success and additional honor and blessings of good health.
All unite in the warmest messages.
Cordially and sincerely yours,
Hon. David F. Houston
Secretary of Agriculture.